Lloyds

Lloyds Banking Group, owner of the Bank of Scotland, has reported a surge in half-year profit despite facing a slowdown in the second quarter due to increased competition for mortgages and savings, as well as higher provisions for bad loans.

Lloyds Banking Group has reported a pretax profit of £2.3 billion for Q1 2023, surpassing analyst expectations and marking a significant increase from the £1.5bn in Q1 2022.

Lloyds Banking Group and homelessness charity Crisis have joined forces in a new two-year partnership to help tackle the shortage of good quality, affordable homes in Great Britain, which is leaving hundreds of thousands of people trapped in homelessness.

Bank of Scotland owner Lloyds has reported a 26% drop in profits in its Q3 results as it braces for more defaults on bad loans. Profits were down to £1.5 billion, lower than the average forecast of £1.8bn as analysts expected a significantly small drop in profits of around 9.5%. However,

Britain's biggest banks are expected to report profits of £33 billion when they reveal their third-quarter results next week. The figures from Lloyds Banking Group, NatWest Group, Barclays and HSBC are expected to show their combined profits rising from £25 billion in 2019 to £33 b

Lloyds Banking Group has announced its new Sustainability Finance Framework, outlining support to help housebuilders access finance to build more homes with higher sustainability standards. The framework sets out how the group will help housebuilders access finance to build more sustainable homes th

Lloyds Bank International has announced that it will be cutting 80 jobs as investment management firm Brooks Macdonald has purchased part of the business. The cuts will be made across various teams based in Jersey, Guernsey and the Isle of Man.

Kingdom Housing Association has agreed a Revolving Credit Facility Agreement with Lloyds Bank during the coronavirus period after an open tender process run for Kingdom by ATFS. The facility is for £10 million for a term of five years at competitive rates in the current climate.

The dramatic surge in claims for mis-sold PPI before last week’s deadline has led RBS to allocate between £600-£900 million to cover the costs.

Andrew Charnley Lloyds Banking Commercial Banking has appointed Simon Quin as area director for SME Global Transaction Banking (GTB) in the North East, Yorkshire and Scotland regions.

Martin Ellis Latest figures released by the Halifax have revealed that UK house prices rose by 0.4 per cent last month.